Unpaid Sums and Service Charge. Any amounts owing from Tenant to Landlord under this Lease shall bear interest at 12% per annum (the “Default Rate”), calculated from the date due or expended until the date of payment. In addition, if any payment of Rent is not paid within 10 days of its due date, Tenant shall pay a late charge equal to the greater of $250 or 10% of the overdue amount as liquidated damages for Landlord’s extra expense and handling of such past due account.
Appears in 6 contracts
Samples: Office Lease (ArcherDX, Inc.), Agreement of Sub Sublease (ArcherDX, Inc.), Agreement of Sub Sublease (ArcherDX, Inc.)
Unpaid Sums and Service Charge. Any amounts owing from Tenant to Landlord under this Lease shall bear interest at 1215% per annum (the “Default Rate”)annum, calculated from the date due or expended until the date of payment. In addition, if any payment of Rent rent, or other charges, is not paid within 10 days of its due date, Tenant shall pay a late charge equal to the greater of $250 150 or 10% of the overdue amount as liquidated damages for Landlord’s extra expense and handling of such past due account.
Appears in 1 contract
Samples: Office Lease (PortalPlayer, Inc.)
Unpaid Sums and Service Charge. Any amounts owing from Tenant to Landlord under this Lease shall bear interest at 12[ * ]% per annum (the “Default Rate”), calculated from the date due or expended until the date of payment. In addition, if any payment of Rent is not paid within 10 days [ * ] of its due date, Tenant shall pay a late charge equal to the greater of $250 [ * ] or 10[ * ]% of the overdue amount as liquidated damages for Landlord’s extra expense and handling of such past due account.. 21
Appears in 1 contract
Samples: Seagen Inc.
Unpaid Sums and Service Charge. Any amounts owing from Tenant to Landlord under this Lease shall bear interest at 1218% per annum (the “Default Rate”)annum, calculated from the date due or expended until the date of payment. In addition, if any payment of Rent rent, or other charges, is not paid within 10 days of its due date, Tenant shall pay a late charge equal to the greater of $250 150 or 10% of the overdue amount as liquidated damages for Landlord’s 's extra expense and handling of such past due account.
Appears in 1 contract
Samples: Seattle Genetics Inc /Wa
Unpaid Sums and Service Charge. Any amounts owing from Tenant to Landlord under this Lease shall bear interest at 12[*]% per annum (the “Default Rate”)annum, calculated from the date due or expended until the date of payment. In addition, if any payment of Rent rent, or other charges, is not paid within 10 days of its due date, Tenant shall pay a late charge equal to the greater of $250 [*] or 10[*]% of the overdue amount as liquidated damages for Landlord’s 's extra expense and handling of such past due account.
Appears in 1 contract
